Investing.com - KeyCorp (NYSE:KEY) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KeyCorp announced earnings per share of $0.16 on revenue of $1.72B. Analysts polled by Investing.com anticipated EPS of $0.09 on revenue of $1.59B.
KeyCorp shares are down 40% from the beginning of the year , still down 40.84% from its 52 week high of $20.52 set on December 20, 2019. They are under-performing the S&P 500 which is up 0.82% from the start of the year.
KeyCorp follows other major Financial sector earnings this month
KeyCorp's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar